Global Materials Potentially Undervalued Companies

Chengdu Wintrue Holding

Market Cap: CN¥12.1b

Produces and sells compound fertilizers.

Citic Pacific Special Steel Group

Market Cap: CN¥65.2b

CITIC Pacific Special Steel Group Co., Ltd manufactures and sells steel materials in China.

Jiangsu Asia-Pacific Light Alloy Technology

Market Cap: CN¥7.7b

Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd.

Daicel

Market Cap: JP¥372.5b

Engages in the materials, medical/healthcare, smart, safety, engineering plastics, and other businesses in Japan, China, and internationally.

Kemira Oyj

Market Cap: US$2.9b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Nippon Paint Holdings

Market Cap: JP¥2.3t

Engages in the paints and fine chemicals businesses.

Nippon Carbide Industries

Market Cap: JP¥21.2b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

Eldorado Gold

Market Cap: CA$7.9b

Engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece.

Lotte Chemical

Market Cap: ₩2.7t

A chemical company, manufactures and distributes petrochemical products.

Denka

Market Cap: JP¥204.9b

Manufactures and sells organic and inorganic materials to electronic materials and pharmaceuticals in Japan and internationally.

Sakai Chemical Industry

Market Cap: JP¥45.0b

Provides various chemical products in Japan.

Aurelia Metals

Market Cap: AU$423.1m

Engages in the exploration and production of mineral properties in Australia.

Huaxin Cement

Market Cap: CN¥33.1b

Manufactures and sells cement in China and internationally.

China Jushi

Market Cap: CN¥68.4b

Engages in the manufacture and sale of fiberglass in China and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥8.6b

Produces and sells environmentally friendly furniture panels in China and internationally.

Gansu Shangfeng CementLtd

Market Cap: CN¥8.7b

Manufactures and sells building materials, and cement and cement clinker products in China.

Aluminum Corporation of China

Market Cap: HK$138.9b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

China Hongqiao Group

Market Cap: HK$235.5b

An investment holding company, manufactures and sells aluminum products.

Hoa Phat Group

Market Cap: ₫221.1t

Produces and sells steel products in Vietnam.

Alumetal

Market Cap: €1.3b

Alumetal S.A., together with its subsidiaries, manufactures and sells secondary aluminium casting alloys for the automotive industry in Poland, Germany, and other European countries.

Shenzhen Batian Ecotypic Engineering

Market Cap: CN¥10.1b

Shenzhen Batian Ecotypic Engineering Co., Ltd.

Malayan Cement Berhad

Market Cap: RM 9.1b

An investment holding company, produces, manufactures, and trades in cement, clinker, drymix, ready-mix concrete, and other building materials and related products primarily in Malaysia and Singapore.

China Hongqiao Group

Market Cap: HK$235.5b

An investment holding company, manufactures and sells aluminum products.

Yunnan Chihong Zinc & Germanium

Market Cap: CN¥30.0b

Yunnan Chihong Zinc & Germanium Co., Ltd.

Central Omega Resources

Market Cap: Rp4.2t

Engages in the mineral mining business in Indonesia.

Vedanta

Market Cap: ₹1.8t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

E.I.D.- Parry (India)

Market Cap: ₹188.0b

Engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally.

Inner Mongolia ERDOS ResourcesLtd

Market Cap: CN¥25.4b

Engages in clothing, and power metallurgy and chemical businesses in China.

Aluminum Corporation of China

Market Cap: CN¥138.9b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Pantech Group Holdings Berhad

Market Cap: RM 542.5m

An investment holding company, manufactures and sells steel pipes, fittings, flanges, valves, and other related products in Malaysia, the Republic of Singapore, the United Kingdom.

Aluminium Bahrain B.S.C

Market Cap: ب.د1.3b

Manufactures and sells aluminum and aluminum related products in the Kingdom of Bahrain, Europe, rest of the Middle East, North Africa, Asia, and the Americas.

Huaxin Cement

Market Cap: CN¥33.1b

Manufactures and sells cement in China and internationally.

Sinofert Holdings

Market Cap: HK$9.6b

An investment holding company, engages in the production, import and export, distribution, and retail of fertilizer raw materials and crop nutrition products in Mainland China and internationally.

Merdeka Copper Gold

Market Cap: Rp55.7t

Engages in the mining business in Indonesia.

Sagar Cements

Market Cap: ₹35.0b

Manufactures and sells cement in India.

Yunnan Yuntianhua

Market Cap: CN¥46.7b

Manufactures and sells phosphate and nitrogen fertilizers and formaldehyde copolymers in China.